Airbnb Tests Early Payout Feature for Hosts

Airbnb Tests Early Payout Feature for Hosts

July 5, 2018         Written By Bill Hardekopf

Airbnb is testing a new feature that allows a host to get an early payout for guest bookings. The service is mainly designed for professional hosts (those with at least six listings on the site), but is also being offered to some regular hosts.

Typically, hosts are paid 24 hours after a guest checks in. The money is then transferred to their bank account, PayPal account, Payoneer debit card or other payment service within 1-7 business days.

Featured Fair Credit Card

Top Features:

All credit types welcome to apply!

With the early payout structure, hosts can request half their money three days after a reservation is made. The remaining half is paid 24 hours after check-in. Airbnb charges a 1% fee for this service. If a guest cancels the reservation after the early payout has been made, Airbnb will deduct the paid amount from the next booking. Guests will receive refunds as normal.

The early payout is entirely optional. Hosts can choose whether they want this feature in the Payout Preferences section of their account.

This change coincides with the new Pay Less Upfront option from Airbnb. Users can now make a reservation of $250 or more with a 50% deposit, rather than paying for the entire reservation upfront. Airbnb provides a date and remaining balance during checkout to show when the rest of the money will be due and how much is left on the reservation.

There is no extra fee for Pay Less Upfront. Airbnb found users were more likely to book a higher-priced room or a longer stay if given more time to pay for the reservation.

The information contained within this article was accurate as of July 5, 2018. For up-to-date information on any of the terms, cards or offers mentioned above, visit the issuer's website. Many of the offers on this article are from our affiliate partners, and LowCards.com may be compensated if you take action with any of our affiliate partners.

Review LowCards.com Editor’s Top Cards!

2020 Top Credit Cards by Category
Featured Fair Credit Card
Reflex Mastercard® Credit Card
EDITOR RATING
Featured Fair Credit Card
Reflex Mastercard® Credit Card

Applying for this card will securely direct you to the issuer's website.

Top Features: All credit types welcome to apply!

Featured Low Interest Card
ABOC Platinum Rewards Mastercard®
EDITOR RATING
Featured Low Interest Card
ABOC Platinum Rewards Mastercard®

Applying for this card will securely direct you to the issuer's website.

Top Features: No annual fee; $150 statement credit after spending $1,200 in first 90 days; 0% on Purchases for 12 months

Featured Bad Credit Card
First Digital NextGen Mastercard® Credit Card
EDITOR RATING
Featured Bad Credit Card
First Digital NextGen Mastercard® Credit Card

Applying for this card will securely direct you to the issuer's website.

Top Features: Reports to all three credit bureaus, perfect credit not required for approval

Featured Good Credit Card
Petal® Visa® Credit Card
EDITOR RATING
Featured Good Credit Card
Petal® Visa® Credit Card

Applying for this card will securely direct you to the issuer's website.

Top Features: No fees whatsoever. No late fee, international fee, annual fee, or any-other-kind-of-fee, fee


bill-hardekopf

About Bill Hardekopf

Bill Hardekopf is the CEO of LowCards.com and covers the credit card industry from all perspectives. Bill has been involved with personal finance for over 15 years. He is a frequent contributor to Forbes, The Street and The Christian Science Monitor.